Market Notices

116550ADMINISTERED PRICE CAP08/05/2024 07:45:12 PM

[EventId:197] AP STARTED for ENERGY in NSW1 at 08 May 2024 19:45

AEMO ELECTRICITY MARKET NOTICE

Issued by Australian Energy Market Operator Ltd at 1945 hrs on 08 May 2024

ADMINISTERED PRICE PERIOD DECLARED in NSW1 region.

AEMO has determined that the rolling sum of the uncapped spot prices for the NSW1 region over the previous 2016 trading intervals has exceeded the cumulative price threshold (CPT) of $1,490,200.00.

In accordance with Clause 3.14.2(b) of the National Electricity Rules, AEMO has determined that an administered price period will commence at the trading interval starting 1955 hrs on 08 May 2024 and will continue through to the end of that trading day.

An administered price cap (APC) of 600 $/MWh will apply to all trading intervals during this administered price period. This APC will apply to spot prices and to all market ancillary service prices in the NSW1 region.

An administered floor price (AFP) of -600 $/MWh will apply to spot prices.

AEMO will continue to monitor the rolling sum of the uncapped spot prices and issue further Market Notices as required.

This is an AEMO autogenerated Market Notice.
     
116549RESERVE NOTICE08/05/2024 07:22:48 PM

PDPASA - Cancellation of the Forecast Lack Of Reserve Level 2 (LOR2) in the NSW Region on 09/05/2024

AEMO ELECTRICITY MARKET NOTICE

The Forecast LOR2 condition in the NSW region advised in AEMO Electricity Market Notice No.116545 is cancelled at 1915 hrs 08/05/2024.

Manager NEM Real Time Operations
     
116548RESERVE NOTICE08/05/2024 07:11:28 PM

Cancellation of Actual (LOR1) condition in the NSW region - 08/05/2024

AEMO ELECTRICITY MARKET NOTICE

Cancellation of Actual (LOR1) condition in the NSW region - 08/05/2024

The Actual LOR1 Condition in the NSW Region advised in AEMO Electricity Market Notice No.116547 is cancelled at 1915 hrs 08/05/2024.

Manager NEM Real Time Operations
     
116547RESERVE NOTICE08/05/2024 05:45:01 PM

Actual Lack Of Reserve Level 1 (LOR1) in the NSW region - 08/05/2024

AEMO ELECTRICITY MARKET NOTICE

Actual Lack Of Reserve Level 1 (LOR1) in the NSW region - 08/05/2024

An Actual LOR1 condition has been declared under clause 4.8.4(b) of the National Electricity Rules for the NSW region from 1730 hrs.
The Actual LOR1 condition is forecast to exist until 1830 hrs.

The capacity reserve requirement is 1450 MW
The minimum capacity reserve available is 1417 MW

Manager NEM Real Time Operations
     
116546RESERVE NOTICE08/05/2024 05:22:19 PM

PDPASA - Update of the Forecast Lack Of Reserve Level 1 (LOR1) in the NSW Region on 09/05/2024

AEMO ELECTRICITY MARKET NOTICE

The Forecast LOR1 condition in the NSW region advised in AEMO Electricity Market Notice No. 116531 has been updated at 1720 hrs to the following:

[1.] From 1430 hrs 09/05/2024 to 1530 hrs 09/05/2024.
The forecast capacity reserve requirement is 1380 MW.
The minimum capacity reserve available is 1361 MW.

[2.] From 1600 hrs 09/05/2024 to 1730 hrs 09/05/2024.
The forecast capacity reserve requirement is 1430 MW.
The minimum capacity reserve available is 874 MW.

[3.] From 1800 hrs 09/05/2024 to 1930 hrs 09/05/2024.
The forecast capacity reserve requirement is 1430 MW.
The minimum capacity reserve available is 898 MW.

Manager NEM Real Time Operations
     
116545RESERVE NOTICE08/05/2024 05:19:39 PM

PDPASA - Forecast Lack Of Reserve Level 2 (LOR2) in the NSW Region on 09/05/2024

AEMO ELECTRICITY MARKET NOTICE

AEMO declares a Forecast LOR2 condition under clause 4.8.4(b) of the National Electricity Rules for the NSW region for the following Period:

[1.] From 1730 hrs 09/05/2024 to 1800 hrs 09/05/2024.
The forecast capacity reserve requirement is 862 MW.
The minimum capacity reserve available is 721 MW.

AEMO is seeking a market response.

AEMO has not yet estimated the latest time at which it would need to intervene through an AEMO intervention event.

Manager NEM Real Time Operations
     
116544RESERVE NOTICE08/05/2024 04:21:34 PM

PDPASA - Update of the Forecast Lack Of Reserve Level 1 (LOR1) in the NSW Region on 08/05/2024

AEMO ELECTRICITY MARKET NOTICE

The Forecast LOR1 condition in the NSW region advised in AEMO Electricity Market Notice No. 116540 has been updated at 1620 hrs to the following:

[1.] From 1730 hrs 08/05/2024 to 1830 hrs 08/05/2024.
The forecast capacity reserve requirement is 1450 MW.
The minimum capacity reserve available is 1245 MW.

Manager NEM Real Time Operations
     
116543INTER-REGIONAL TRANSFER08/05/2024 03:50:23 PM

Inter-regional transfer limit variation - Blyth West to Munno Para 275 kV line - SA region - 08/05/2024

AEMO ELECTRICITY MARKET NOTICE

Inter-regional transfer limit variation - Blyth West to Munno Para 275 kV line - SA region - 08/05/2024

At 1536 hrs 08/05/2024 there was an unplanned outage of Blyth West to Munno Para 275 kV line.

The following constraint set(s) invoked at 1545 hrs 08/05/2024
S-X_BGBW+BWMP

This constraint set(s) contains equations with the following interconnectors on the LHS.
V-S-MNSP1

Refer to the AEMO Network Outage Scheduler for further information.

Manager NEM Real Time Operations
     
116542SETTLEMENTS RESIDUE08/05/2024 03:30:23 PM

[EventId:202405081530_NRM_NSW1_VIC1_started] NEGRES CONSTRAINT NRM_NSW1_VIC1 started operating from 08 May 2024 15:30

AEMO ELECTRICITY MARKET NOTICE

Issued by Australian Energy Market Operator Ltd at 1530 hrs on 8 May 2024

ACTUAL NEGATIVE SETTLEMENT RESIDUES - NSW to VIC - 8 May 2024.

Electricity Market outcomes have resulted in the accumulation of negative settlement residues that have exceeded the allowable negative residue threshold for the NSW to VIC directional interconnector.

The negative residue constraint set NRM_NSW1_VIC1 commenced operating from 1530 hrs on 8 May 2024.

This constraint set contains an equation with the following interconnectors on the LHS:
VIC1-NSW1

The RHS of the constraint equation may be adjusted to manage residues.


This is an AEMO autogenerated Market Notice.
     
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